Proton says Swan Bitcoin lawsuit is ‘fatally flawed,’ seeks dismissal
The ex-Swan employees at Proton Management said Swan Bitcoin’s mining lawsuit is baseless because 2040 Energy operated as a “separate entity.” Go to Source
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Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist. Go to Source
Apple disputes monopoly claims, cites ‘fierce competition’ in court
Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly. Go to Source
DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’
The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit. Go to Source
Atomic Wallet asks to toss suit over $100M hack saying it has ‘no US ties’
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed. Go to Source
Robinhood beats investors’ appeal in GameStop meme stock case
The appeals court judge said Robinhood “had the right” to impose restrictions on meme trade purchases. Go to Source
US Judge Denies Request to Add XRP Holders as Intervenors in SEC’s Lawsuit Against Ripple
A U.S. judge has denied the request to add XRP token holders as intervenors in the Securities and Exchange Commission (SEC)’s ongoing case against Ripple. In a ruling made one day after the motion was filed, the judge, Analisa Torres denied the token holders’ request “without prejudice to renewal.” Protecting Interests of XRP holders In … Read more
Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict
Mark Karpeles, the chief executive of the now defunct bitcoin exchange Mt. Gox, has been denied a motion to stay in a class action lawsuit in the U.S. The Northern District of Illinois lawsuit originally filed by Anthony Motto and Gregory Greene accuses Karpeles of criminal conversion and fraud. Also read: Kraken Offers $100K Reward … Read more
Ross Ulbricht Murder-for-Hire Indictment to Be Dismissed
Robert K. Hur, United States Attorney from the Maryland district, filed a motion on July 20, 2018 to dismiss a 2013 three-count indictment against Ross Ulbricht which included murder-for-hire allegations. Mr. Ulbricht, 34, was prosecuted under a separate indictment out of the New York district as Dread Pirate Roberts, principal operator of underground online marketplace … Read more
